Bitcoin News

Story: Bitcoin Hits $71,673 as Trump Revives Clarity Act Talks, Boosting Market Optimism

By Jean-Luc Maracon

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Hyperliquid, Strategy, Coinbase: The Entire Sector Rises. Hyperliquid jumps over 27% after Trump announces efforts to integrate the platform into the United…

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Bonds, Dollar, Debt: The Macro Context Favors Bitcoin. The U.S. Treasury Department announces it will double the amount of its long-term bond buybacks…

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Bitcoin reached $71,673.84 on Thursday morning, marking an 11% increase in just two days. This is the highest level since early June, and the market is still processing the…

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It all began with a meeting at the White House. Crypto industry leaders were directly received by the Trump administration, igniting a spark.

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Hyperliquid jumps over 27% after Trump announces efforts to integrate the platform into the United States. Such declarations quickly move numbers.

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However, Trump remains a divisive figure here. He is often criticized for his positions in the crypto sector, given his own interests in the field.

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And the timing is not coincidental either.

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The U.S. Treasury Department announces it will double the amount of its long-term bond buybacks starting September 9 — at least $4 billion per operation, compared to half that…

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See also: Citi launches Custody+ suite to simplify institutional Bitcoin custody

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The dollar follows suit. It loses 0.24% against the euro, falling to $1.1706 per euro. Not a collapse, but enough to push investors to look towards digital assets as a hedge.

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Read also: Bitcoin Soars as SECs Regulation Crypto Assets Sparks Institutional Interest

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The Fed minutes released Wednesday did not change this. No signal of additional monetary tightening. Markets took this as an implicit green light.

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Then there's the debt. U.S. national debt has just surpassed $40 trillion. This figure, symbolically, weighs heavily.

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The bond market and the crypto market communicate more than often thought. The Treasury's decision on buybacks creates downward pressure on long yields, and this is reflected in…

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Hyperliquid at over 27%, Bitcoin at $71,673.84, the dollar at $1.1706 against the euro — all within a 48-hour window.

The Currency Analytics

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